Global Glass Mat Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Continuous Filament Mat and Chopped Strand Mat.

By Binder Type;

Emulsion Bonded Glass Mat and Powder Bonded Glass Mat.

By End-Use;

Construction & Infrastructure, Automotive, Industrial & Chemical, Marine, Sports & Leisure and Others - Wind Energy, Electrical & Electronics and Consumer Goods.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn116833983 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Glass Mat Market (USD Million), 2021 - 2031

In the year 2024, the Global Glass Mat Market was valued at USD 1,399.68 million. The size of this market is expected to increase to USD 1,879.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.

The global glass mat market is experiencing significant growth due to the increasing demand across various industries, including automotive, construction, and aerospace. Glass mats, which are non-woven materials made from glass fibers, are widely used for their excellent mechanical properties, lightweight nature, and resistance to corrosion and heat. These attributes make them an ideal choice for reinforcement in composite materials. The market is driven by the rising need for durable and lightweight materials in the construction industry, where glass mats are used in roofing, wall coverings, and flooring. Additionally, the automotive industry is increasingly adopting glass mats to enhance vehicle performance by reducing weight and improving fuel efficiency.

Technological advancements and innovations in glass mat production processes are also contributing to market growth. Manufacturers are focusing on developing eco-friendly and cost-effective glass mat products to meet the growing demand for sustainable materials. The use of advanced technologies, such as automated production lines and improved resin systems, has enhanced the quality and performance of glass mats. Furthermore, the increasing investments in research and development activities are expected to drive further innovations, expanding the application scope of glass mats in various sectors.

Geographically, the market is witnessing robust growth in regions such as Asia-Pacific, North America, and Europe. Asia-Pacific is leading the market due to rapid industrialization, urbanization, and the presence of key manufacturers in countries like China and India. The construction boom in this region, coupled with the growing automotive industry, is propelling the demand for glass mats. In North America and Europe, the market is driven by the rising adoption of glass mats in the aerospace sector, where they are used in manufacturing aircraft components to enhance strength and reduce weight.

The global glass mat market faces challenges such as fluctuations in raw material prices and the availability of alternative materials. Environmental concerns related to the disposal and recyclability of glass mats also pose significant challenges. Despite these challenges, the market is poised for growth due to increasing applications in emerging markets and the development of innovative products that cater to specific industry needs. As industries continue to prioritize lightweight and sustainable materials, the demand for glass mats is expected to rise, creating new opportunities for market players.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Binder Type
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Glass Mat Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing construction industry demand
        2. Growing automotive sector usage
        3. Rising infrastructure development projects
        4. Advancements in manufacturing technology
        5. Increasing demand for lightweight materials
      2. Restraints
        1. High production costs
        2. Raw material price volatility
        3. Environmental regulatory concerns
        4. Intense market competition
        5. Limited skilled workforce availability
      3. Opportunities
        1. Innovation in product development
        2. Expansion in emerging markets
        3. Increasing renewable energy applications
        4. Growth in marine applications
        5. Advancements in recycling technology
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Glass Mat Market, By Type, 2021 - 2031 (USD Million)
      1. Continuous Filament Mat
      2. Chopped Strand Mat
    2. Global Glass Mat Market, By Binder Type,2021 - 2031 (USD Million)
      1. Emulsion Bonded Glass Mat
      2. Powder Bonded Glass Mat
    3. Global Glass Mat Market, By End-Use, 2021 - 2031 (USD Million)
      1. Construction & Infrastructure
      2. Automotive
      3. Industrial & Chemical
      4. Marine
      5. Sports & Leisure
      6. Others
        1. Wind Energy
        2. Electrical & Electronics
        3. Consumer Goods
    4. Global Glass Mat Market, By Geography,2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. Johns Manville (a Berkshire Hathaway company)
      3. Saint-Gobain
      4. PPG Industries
      5. Jushi Group
      6. China Beihai Fiberglass Co., Ltd.
      7. Hexion Inc.
      8. Nippon Sheet Glass Co., Ltd.
      9. BASF SE
      10. Asahi Glass Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market